News

First-time homebuyer program making progress in Chambersburg

Written by Matt Paul, Reporter/Producer | Jul 30, 2013 3:42 AM
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(Chambersburg) -- A nonprofit housing group has broken ground on two homes in Franklin County as part of a new first-time homebuyer program.

Valley Community Housing Corporation has partnered with Chambersburg Borough and Franklin County to help make home ownership a reality for certain income-qualified families.

Executive Director Bonnie Zehler calls it a great opportunity to purchase an affordable home.

"At the same time, we're strengthening the community by increasing home ownership," Zehler says. "The community has a high percentage of rentals, so therefore one of the goals for the borough and the Elm Street program was to increase home ownership."

The three-bedroom homes in Chambersburg will sell for $119,900. To qualify, the homebuyers must be at or below 80% of median income. The program will then help them bridge potential financing gaps.

Zehler says they have interested families but are still accepting applications.

Valley Community Housing partnered with the borough and county to secure a total of $577,000 for the program. The group hopes to begin work on two more by early next year.

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